The simple interest on a principal amount (in ₹) is ₹177 for a period of 5 years at the rate of 2% per annum.
The simple interest on a principal amount (in ₹) is ₹177 for a period of 5 years at the rate of 2% per annum. The principal amount (in ₹) is:
किसी मूलधन पर 2% की वार्षिक दर से 5 वर्ष की अवधि के लिए साधारण ब्याज ₹177 है। मूलधन (₹ में) ज्ञात कीजिए।
Detailed Solution & Logic
Correct Answer:
1770
Solution / समाधान
We know,
Simple Interest
$SI = \frac{P \times R \times T}{100}$
Given:
$SI = 177$
$R = 2%$
$T = 5$ years
Substituting the values:
$177 = \frac{P \times 2 \times 5}{100}$
$177 = \frac{10P}{100}$
$177 = \frac{P}{10}$
$P = 177 \times 10$
P = 1770
Similar Practice Questions
Anand has ₹1407 with him. He divides this amount between his two sons,
Anand has ₹1407 with him. He divides this amount between his two sons, Anil and...
A total of ₹2,00,000 is divided into two parts for investing in different banks on simple interest.
A total of ₹2,00,000 is divided into two parts for investing in different banks on...
At the same rate of simple interest per annum, Gopal invests an amount of ₹5400 and Akshay invests an amount of ₹10200. If at the end of 4 years, Akshay gets ₹720 more interest than Gopal, then find the rate of interest per annum (in percentage).
At the same rate of simple interest per annum, Gopal invests an amount of ₹5400...
Mandar has two grandsons ketan and Tushar.
Mandar has two grandsons ketan and Tushar. 11 year old ketan gets some money from...
Find the simple interest (in ₹) if a sum of ₹400 is borrowed for 5.5 years at 4% per annum rate of interest.
Find the simple interest (in ₹) if a sum of ₹400 is borrowed for 5.5...
Find the simple interest (in ₹) on ₹2500
Find the simple interest (in ₹) on ₹2500 as a sum borrowed at 4% per...
When difference between compound
When difference between compound and simple interest for three years is ₹228 at 4% interest...